New Research Shows Rapid Shift of Total Joint Surgeries to Outpatient

Thanks to advancements in medical techniques and devices, surgeons are performing an increasing number of total joint surgeries in the outpatient setting.

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Sg2 Annual Report Projects Double-Digit ASC Growth

ASCs will see 15 percent and 25 percent growth in the next 5 and 10 years, respectively, according to Sg2’s 2022 Impact of Change Forecast Highlights.

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Procedure Shift to ASCs Continues

ASCs are proliferating nationwide. At the ground level, however, markets vary substantially in their pace of procedural shift into ASCs, leaving legacy health systems’ share and revenue vulnerable to varying degrees.

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Total Joint Replacements Move Outpatient Faster than Anticipated

Total joint replacement (TJR) surgeries have been steadily migrating from inpatient to outpatient settings in recent years, and that trend is building momentum even faster than previously anticipated. We believe that at least 70 percent of TJR surgery volume, perhaps more, can now be outpatient.

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Emerging Trends in the Face of the Pandemic

Prior to the ongoing coronavirus pandemic, the national ASC market was already experiencing substantial growth due to its placement across two converging trends: the consumerization of healthcare services and the ongoing industry-wide transition from fee-for-service care to value-based care.

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ASC Valuation and Transaction Trends

HealthCare Appraisers released its 2020 ASC Valuation and Benchmarking Survey in spring. ASCA collaborated with HealthCare Appraisers on conducting the survey, which includes insights from owners and managers of more than 1,200 ASCs throughout the US.

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